Batelco annual report design, along with their 30 years celebration campaign. Annual Report (Ar) · Annual Report (En). Annual Report Annual Report. Annual Report (En) · Annual Report (Ar). Notes to the consolidated financial statements the economic impact on the company and as a result Batelco has impaired the carrying value.

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Batelco and CWC confirmed the talks in separate statements, saying there was no guarantee a deal would be reached.

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Batelco had acquired Are you a Business Owner? The Thomson Reuters Trust Principles. Will be displayed Will not be annjal Will be displayed.

This will alert our moderators to take action. The agreed time-frame for completion of the sale was October-end, The company teamed up with Saudi group Kingdom Holding Its shares have risen 30 percent in the past three months, narrowing year-to-date losses to 4. It holds 27 percent of Yemeni mobile operator Sabafon, minority stakes in internet providers in Kuwait and Saudi Arabia and is also active in Egypt.


CWC, which had to cope with a faster-than-expected shift from voice services data, halved its dividend in May and said it was not seeing consistent recovery in the Caribbean. Batelco aims to make at least one acquisition in to offset falling domestic revenue, its chief executive told Reuters in April.

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Batelco, whose move to buy a stake in Zain Saudi Talks between both the parties are ongoing and a deal is not imminent, the sources said on Monday, speaking on condition of anonymity annul the matter is not public. NIFTY 50 10, 2. My Saved Articles Sign in Sign up. Get instant notifications from Economic Times Allow Not now You can switch off notifications anytime using browser settings. Find this comment offensive?

BATELCO JORDAN Disclosures | Amman Stock Exchange

Citi is leading financing efforts for the transaction, according to one banker. This will alert our moderators to take action Name Reason for reporting: CWC anual were up 4. Fill in your details: N are advising Batelco on the transaction, while J. CWW, which split from CWC two years ago, provides voice, data and hosting services to British government departments and companies while its cables span the globe.


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Foul language Slanderous Inciting hatred against a certain community Others. Never miss a great news story! N is advising the seller, two of the banking sources said. After the licence cancellation, Batelco became the first global firm to exit the Indian telecom annuao by selling its nearly 43 per cent stake in STel for USD million.

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PA and Citigroup C. Get instant notifications from Economic Times Allow Not now. Choose your reason below and click on the Report button.

Drag according to your convenience. BMIC Ltd, a per cent Batelco-owned subsidiary company, had entered into an Settlement Agreement in the fourth quarter of to sell its Monaco Telecom also holds a Batelco owns Jordanian telecoms operator Umniah.